Oslo's $9.3 bln pension fund to pull out from oil, gas firms

October 19, 2015 1:30 PM

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OSLO Oct 19 The Norwegian capital's public pension fund will divest its holdings of companies producing oil and gas to give it a greener profile, the newly elected centre-left city council said on Monday.

Oslo Pensjonsforsikring had already began divesting from coal under the outgoing right-wing council, but will now sell all stakes in oil and gas firms, it said.